What to do if you’re a buyer of fenton-based home furnishments?
Posted On June 16, 2021
Fenton Home Furnishing, a maker of furniture and bedding in Chicago, is selling some of its fenton furniture to a local company.
The company announced on Thursday that it was selling about 2,000 fenton tables and chairs, 2,500 fenton lamps and about 2.5 million fenton chairs to a private buyer in Chatham, Ill.
Fenton furniture was first introduced in the early 1900s in the Chicago area.
The move comes on the heels of an announcement that Fenton’s founder, Jim Fenton, is leaving the company, according to The Associated Press.
The announcement came hours after Fenton announced that he will sell his remaining stake in the company to a Chinese-American investment group, according the Chicago Tribune.
Jim Fenton is leaving Fenton and will be the chief executive officer of Fenton Furniture, a company he founded in 1996.
The CEO will take over the company after the end of his tenure.
Fenton said he was excited to see the news, and the move is good news for people who work at the company.
“Fenton Furnishing is a small company.
I am excited to have the opportunity to grow the company into a world-class business, and to make the fenton brand available to the world,” Fenton said in a statement.FENTON HOUSEFURNISHINGS has been selling fenton table and chair since 2007.
FENTON HOME FURNISHING began selling furniture in the city of Chicago in 1997, and in 2012 it was sold to the American Home Furnishings Association for $1.2 million.
In a statement, Fenton noted that it is a great honor to be able to continue to offer fenton to the marketplace.
“This sale brings our fenton inventory into the hands of a new investor who will be a significant part of the growth of FENTONS brand,” FENTUSON said.
“I am proud to continue with FENTORS history and our vision to create a home for everyone.
We look forward to continued success with our team, our customers and our partners in Chicago.”
The company said that the sale is valued at $1,300,000.